An idea getting tried over and over tends to be a positive signal (which is one reason that competition is overrated). It’s very easy when you spend lots of time around startups to get cynical. You could tweet and blog predictions that every new startup will fail and how the ideas are derivative and you’d be right 95% of the time. The hard part – and what matters for founders and investors – is figuring out the right mix of timing and execution to finally get it right.
This is exactly right. Once you’ve been deeply embedded in the technology scene for years, the easiest thing in the world to be is cynical. But that’s a mistake. So often, great ideas don’t take off simply due to a mixture small imperfections in execution and mostly, timing.
But great ideas are still great ideas. They always find a way. If not today, then tomorrow.